Latest round

Angel

Last raised

Oct 2024

Total raised

Undisclosed

Investors

3

About Crygan

Founded in August 2023, Crygan focuses on semiconductor development with an emphasis on GaN single-crystal substrates. The company operates from its headquarters in Jinan, China. Specific details about the founder and their prior ventures are not available.Crygan specializes in the research, development, production, and sales of third-generation semiconductor materials, particularly self-supporting gallium nitride (GaN) single-crystal substrates. These substrates are essential in applications such as high-power electronic devices, laser diodes, and advanced LED technologies.Crygan operates under a direct-to-business model, focusing on transactions with manufacturers and technology companies utilizing GaN substrates. Revenue is generated through bulk sales of its GaN wafers, specifically 10mm and 20mm varieties, to industry partners for integration into advanced electronic systems. Pricing is reflective of the specialized nature of the semiconductor materials and the high demand in targeted sectors.Crygan's future growth strategy includes the development of new GaN substrate products and expansion into additional markets in North America and Europe by 2026.

Who invested in Crygan

3 investors across 2 rounds

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Funding rounds

  1. Angel

    Oct 21, 2024

    Amount

    Undisclosed

    Investors

    Locked

  2. Angel

    Aug 14, 2024

    Amount

    Undisclosed

    Investors

    Locked

Questions about Crygan

Who invested in Crygan?

Crygan has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Crygan raised?

Crygan has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Crygan last raise money?

Crygan's most recent round on record is a Angel, in Oct 2024.

What does Crygan do?

Founded in August 2023, Crygan focuses on semiconductor development with an emphasis on GaN single-crystal substrates.

Where is Crygan headquartered?

Crygan is headquartered in Jinan, China.

Which VCs invest in companies like Crygan?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back semiconductors companies at Crygan's stage. Their profiles are linked below.

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